Glencore plc (LON:GLEN)
London flag London · Delayed Price · Currency is GBP · Price in GBX
605.50
+5.80 (0.97%)
Sep 11, 2026, 5:09 PM GMT

Glencore Stock Forecast

Stock Price Forecast

According to 20 analysts polled by S&P Global, Glencore stock has a consensus rating of "Buy" and an average price target of 628p. The average 1-year stock price forecast is 3.64% higher than the current stock price, while the lowest is 478p (-21.00%) and the highest is 778p (+28.43%).

Price Target: 628p (+3.64%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price478p628p626p778p
Change-21.00%+3.64%+3.44%+28.43%

Analyst Ratings

The average analyst rating for Glencore stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy9101091111
Buy444444
Hold655655
Sell000000
Strong Sell000000
Total191919192020

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Freedom Capital Markets
Freedom Capital Markets
Sell
Downgrades
530p
SellDowngrades530p-12.47%Sep 3, 2026
Morgan Stanley
Morgan Stanley
Buy
Reiterates
590p600p
BuyReiterates590p600p-0.91%Aug 24, 2026
Citi
Citi
Buy
Maintains
770p780p
BuyMaintains770p780p+28.82%Aug 12, 2026
Barclays
Barclays
Buy
Maintains
635p650p
BuyMaintains635p650p+7.35%Aug 10, 2026
Unknown Analyst
Berenberg Bank
No rating
Berenberg Bank
Buy
Maintains
750p740p
BuyMaintains750p740p+22.21%Aug 7, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
324.79B
from 247.54B
Increased by 31.21%
Revenue Next Year
285.57B
from 324.79B
Decreased by -12.08%
EPS This Year
0.60
from 0.20
Increased by 197.66%
EPS Next Year
0.59
from 0.60
Decreased by -1.15%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
203.75B255.98B217.83B230.94B247.54B324.79B
Revenue Growth
43.15%25.64%-14.91%6.02%7.18%31.21%
Gross Profit
12.45B27.52B10.78B6.28B6.12B15.59B
Gross Margin
6.11%10.75%4.95%2.72%2.47%4.80%
Operating Income
9.80B24.83B7.39B3.33B3.35B13.53B
Net Income
4.97B17.32B4.28B-1.63B363.00M7.32B
EPS
----0.200.60
EPS Growth
-----33.33%197.66%
Forward PE
7.815.7011.8111.3017.9013.76
Dividend / Share
0.260.440.130.100.170.26
Dividend Growth
116.67%69.23%-70.46%-23.08%70.00%51.24%
Free Cash Flow
6.35B7.40B6.33B5.66B5.96B5.64B
No. Analysts
-----14
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High361.0B
Avg324.8B
Low301.5B

Revenue Growth

Revenue Growth202620272028
High
45.8%
Avg
31.2%
Low
21.8%

EPS Forecast

EPS202620272028
High0.70
Avg0.60
Low0.50

EPS Growth

EPS Growth202620272028
High
250.0%
Avg
197.7%
Low
149.8%